Karachi, September 3, 2012 (PPI-OT): It is to inform you that the meeting of Board of Directors of Dadabhoy Construction Technology Limited (DCTL) was held on August 31, 2012 at 12:30 p.m. at our Head Office Noor Centre Office No. 4, 2nd Floor Plot No. 30-C Ittehad Lane 12 Phase VII D.O.H.A, Karachi, and discussed in detail the audited accounts for the year ended June 30, 2012 and approved the same.
Financial Results for Year Ended on 30-06-2012 Dadabhoy Construction Technology Limited
We would like to inform you that the Board of Directors of our Company in its meeting held on 31st August 2012 at 12:00 pm at its Head Office at Suite #, 4, 2nd Floor, Flat 28-30/C, Noor Centre, Khayaban-e-Ittehad, Lane # 12, Phase-VII, DHA, Karachi. Wherein it is recommended the following items:
(1) Cash Dividend
An interim cash dividend for the Year ended 30-06-2012 at Rs. Nil per Nil share i.e. Ni1%. This is in addition to interim dividend already paid at Rs. Nil per share Nil i.e. Nil%.
(2) Bonus Shares
It has been recommended by the Board of Director to issue interim bonus share in proportion of Nil share (s) for every Nil (s) held i.e. Nil %. This is in addition to interim bonus share already issued @ Nil %.
(3) Right Shares
The Board has recommended to issue Nil % Right Share at par/at a discount/premium of Rs. Nil per share in proportion of Nil share (s) of every Nil share (s), the entitlement of Right Share being not declared simultaneously will not be applicable on Bonus Shares as not declared above.
(4) AGM:- The Board has decided to hold 31st AGM of the Company on 22nd September 2012 at 3:30 pm at Jinnah Club, Jinnah Cooperative Housing Society, behind KESC Office, Tipu Sultan Road, Karachi.
(5)The Board has recommended the appointment of External Auditor M/s M Akhter and Co. Chartered Accountants for the ensuing year 2013 on the same remuneration.
(6) The Board has directed the Company Secretary to communicate the today’s BOD Meeting Resolution with copy of AGM notice along with The Announcement Acknowledgement Financial Results of Annual Accounts of June, 2012 as per Format of Form 3, with the request to KSE authorities to publish our Co’ Financial Results on KSE in house Notice publication for the specific information for the members of KSE, LSE and ISE Exchanges of Pakistan.
Profit and Loss Account for the Year Ended 30 June 2012
|Cost of sales||13|
|Administrative and general expenses||14|
|Selling and distribution costs||15|
|Financial cost-bank charges|
|Profit/ (loss) before tax|
|Net Profit/ (loss) after tax|
|Earnings per share – basic and diluted (Rupees)||18|
The annexed notes 1 to 23 form an integral part of these financial statements.
For more information, contact:
Dadabhoy Construction Technology Limited
Suit # 4, 2nd Floor, Plot 28-30/C, Noor Centre,
Khayaban-e-Ittehad, Lane # 12,
Phase VII, D.H.A. Karachi
Ph #: 021-5312004 to 021-5312019